Flexible MX-M Zoned Property with Redevelopment Potential on Candelaria NW

Rare MX-M investment parcel in Near North Valley — functional 2/1 house in place, plus room to grow. Ideal for owner-users, creative offices, adaptive reuse, or infill build-out. Take advantage of existing improvements while planning long-term mixed-use conversion.

• Excellent visibility and accessibility in the Near North Valley area, located on a well-traveled NW corridor.
• The property currently features a charming 2-bed / 1-bath residence (~890 sf) built in 1946 on a deep 8,712 sf lot (≈ 0.20 acres). 
• Recent upgrades include fresh interior paint, new plank-style flooring, updated lighting, and a brand-new kitchen with custom cabinetry and granite countertops. 
• Detached 1-car garage and backyard access provide flexible parking or service options. 
• The deep lot offers expansion potential—whether to build a rear structure, expand the footprint, or incorporate additional parking/storage zones.

• Zoning & Permissible Uses

• Because the site is zoned MX-M, it supports a wide variety of mixed-use possibilities beyond residential. Potential uses may include:
• Professional offices
• Boutique retail or showroom
• Creative studios (art, design, workshop)
• Small-scale service business (e.g. wellness, clinic, consultancy)
• Live/work units or mixed commercial/residential conversion
• Adaptive reuse or redevelopment with a new structure (subject to municipal approval)
• This zoning flexibility positions the property to serve tenants or owner-occupants seeking a unique footprint with urban connectivity and the scale of a small commercial asset.

Strategic Advantages

• Transitional Neighborhood: Situated in an area that already blends residential and small commercial uses , as the environment evolves, this property is well-positioned for medium-density intensified uses.
• Lot Depth & Rear Access: The deep lot is particularly valuable for developments needing parking, loading, auxiliary buildings, or service access behind a primary structure.
• Turnkey for Interim Use: With its current livable improvements, the existing residence can function immediately (either as an office, auxiliary dwelling, or interim income source) while long-term plans are developed.
• Cost-Effective Entry Point: Compared to building from scratch in central corridors, acquiring a property with improvements and favorable zoning reduces both time and capital barriers.